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Dec 10, 2012
12/12
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france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and ob
france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried...
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france and italy six weeks is normal. john: america es not have mandatory vacati but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandat i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-fae economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one raw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and obama. it do
france and italy six weeks is normal. john: america es not have mandatory vacati but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandat i am worried we...
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Dec 10, 2012
12/12
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FOXNEWSW
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france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and ob
france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried...
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france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. sit out this graph from dan mitchell because of these rules add this up a the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the rden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and obama. it
france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. sit out this graph from dan mitchell because of these rules add this up a the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we...
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Dec 8, 2012
12/12
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FOXNEWSW
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france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and ob
france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried...
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Dec 9, 2012
12/12
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FOXNEWSW
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france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same ti that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and obam
france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried...
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Dec 16, 2012
12/12
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FBC
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france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if government grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being greece or italy? twenty years? i don't know. this trendline is bad. happening under bush and ob
france and italy six weeks is normal. john: america does not have mandatory vacation but we have 170,000 pages of federal rules and they keep passing more. it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can understand when our entrepreneurs think i do not want to hire people then i want to keep my company small then i am stuck with a mandate. i am worried...
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Dec 21, 2012
12/12
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KCSMMHZ
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police in france have cordoned off a village reputed to be the only place that will survive. some expect a giant ufo to land here. locals are taking it all in good humor and are ready to greet visitors from outer space. >> that is it for us. we will be back later on. captioned by the national captioning institute --www.ncicap.org--
police in france have cordoned off a village reputed to be the only place that will survive. some expect a giant ufo to land here. locals are taking it all in good humor and are ready to greet visitors from outer space. >> that is it for us. we will be back later on. captioned by the national captioning institute --www.ncicap.org--
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Dec 29, 2012
12/12
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CSPAN2
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nicolas sarkozy was bounced out after one term replaced by france what holland -- france what --fracois hollande of the socialist party. for the first time in many decades the entire french government is controlled by the socialist party and the socialist party ran on the following platform -- austerity is not tolerable. we cannot allow the french people to be required to pay the cost of a capitalist system that could not solve its problems. the first two commitments of the new government were to raise the income tax bracket on the highest earners from its current rate, 45% compared to the united states which is 35%, raise it from 45% to 75%, and that has been passed. it past the parliament because the socialists who proposed it have the absolute majority in all the houses and the second thing was to use some of the money to be brought in by taxing the rich to higher, which he has now done, 40,000 new school teachers across france. these are symbolic acts and the fight is far from over. the wealthy in france are up in arms about this and all kinds of struggle and it is not how -- not cl
nicolas sarkozy was bounced out after one term replaced by france what holland -- france what --fracois hollande of the socialist party. for the first time in many decades the entire french government is controlled by the socialist party and the socialist party ran on the following platform -- austerity is not tolerable. we cannot allow the french people to be required to pay the cost of a capitalist system that could not solve its problems. the first two commitments of the new government were...
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being disrupted gas from owns fifty percent of the south stream pipeline the rest is split between france germany and italy the project also comes with a price tag of more than twenty billion dollars making it one of the most expensive and edgy supply systems on earth they seen as warned india against pursuing oil exploration in the disputed resource rich south china sea it comes in reaction to this week's statement by india's navy chief who announced his country could go as far as sending warships to the area to protect its economic interests he is going off investigated the claims. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with government. over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich nations have all hidde
being disrupted gas from owns fifty percent of the south stream pipeline the rest is split between france germany and italy the project also comes with a price tag of more than twenty billion dollars making it one of the most expensive and edgy supply systems on earth they seen as warned india against pursuing oil exploration in the disputed resource rich south china sea it comes in reaction to this week's statement by india's navy chief who announced his country could go as far as sending...
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we're the only country that does it, let's be like france, greece, and spain and not have one and get to the cliff-- >> a quick reminder, by the way, adam of the 16 trillion dollars of debt that currently is on the table for the united states. 6 billion of that debt, neil, has been put o the books under president obama's watch. >> 6 trillion. >> 6 trillion. we're talking about adding on to that. where is he he coming up with the mbers? which economist is he citing and where are the polls-- >> warren buffett said earlier in the week it's not about economics it's about making people feel good. -- let me stop a second. did you say where he does he pull these numbers out . >> seriously, seriously. >> neil: i wanted to make sure i heard you correctly. talk about a pain in the gas. the price is record high this time of year and we're getting new proposals to hike gasoline prices to pay dn the debt. where will it go. the gang from forbes is on that. that's at the top of the hour. forget hang the in-la over for dinner, more families are shacking up together. young, old and everyone in between
we're the only country that does it, let's be like france, greece, and spain and not have one and get to the cliff-- >> a quick reminder, by the way, adam of the 16 trillion dollars of debt that currently is on the table for the united states. 6 billion of that debt, neil, has been put o the books under president obama's watch. >> 6 trillion. >> 6 trillion. we're talking about adding on to that. where is he he coming up with the mbers? which economist is he citing and where...
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countries are also members of nato france for example was part of the bombing campaign in libya and there's such conflicts in europe as such how much should the know both parties take that sort of thing into consideration. well the bombing in libya we see i mean we see you know what's coming out of the so-called arab spring and we see egypt i mean basically destabilized the region which is not to say that people were not oppressed and that change is needed but in libya really germany was excluded from any action and france england in the u.s. later said you didn't join not germany wasn't asked of the reasons for that is that if those three countries went ahead by themselves the spoils in terms of oil fields and so on would fall to them and that's as simple as that. yes and i mean the nobel committee has made controversial decisions before hasn't it been a leader yasser arafat and barak obama is an organization losing track in your opinion well of course is controversial but at least it's a plus in this stood for something if it was the right thing can be debated obama when he started stood
countries are also members of nato france for example was part of the bombing campaign in libya and there's such conflicts in europe as such how much should the know both parties take that sort of thing into consideration. well the bombing in libya we see i mean we see you know what's coming out of the so-called arab spring and we see egypt i mean basically destabilized the region which is not to say that people were not oppressed and that change is needed but in libya really germany was...
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Dec 27, 2012
12/12
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CNBC
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and let me say that france has a lot of advantages. nice infrastructure, good infrastructure, demography, people with skills, a good level of education. we can take advantage of that, even compared with our peers so let's do everything we can to -- the benefit of these positive advantages and not be -- not present people to invest in france because they might be afraid of a lack of visibility on the taxpayers or too high taxes. >> but do you think it's sending the right signal to investors when it's threatening to nationalize a factory? >> no, certainly not. these are not the right ones and clearly what an investor needs is, again, confident. immediately going forward, illustrate will not suffer from taxes or a potential threat. the message should be positive for investors, not just french one, but also we have a strategy to reduce stability. >> but do you understand some people could be forced to leave the country because of increasing back pressure? >> there is a lot of debate around that. my view is that is not the right thing to th
and let me say that france has a lot of advantages. nice infrastructure, good infrastructure, demography, people with skills, a good level of education. we can take advantage of that, even compared with our peers so let's do everything we can to -- the benefit of these positive advantages and not be -- not present people to invest in france because they might be afraid of a lack of visibility on the taxpayers or too high taxes. >> but do you think it's sending the right signal to...
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best rush limbaugh has come into play in the russian premier league over the last ten years or so and france is a bear manifesto was correct. to be submitted. for this player i mean they also say that they want to give preference to home grown players russian based players watching every team in the world would want to do that because it would be much cheaper but the fact is. russia don't produce enough good players i mean even brazil even top mentions like argentina but you have to import players it's common knowledge and mentioned i did real madrid they don't have players from just one man just or madrid they import players because this is a way of a football has grown and has developed i think what the problem is is a group of around one hundred two hundred hard calls in it and spoke fans who are racist and you get this around the world you'll get this in the u.k. you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go into the matches and they don't know what they're
best rush limbaugh has come into play in the russian premier league over the last ten years or so and france is a bear manifesto was correct. to be submitted. for this player i mean they also say that they want to give preference to home grown players russian based players watching every team in the world would want to do that because it would be much cheaper but the fact is. russia don't produce enough good players i mean even brazil even top mentions like argentina but you have to import...
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best russian in borders come into play in the russian premier league over the last ten years or so and france is a very manifesto was correct. or was to be submitted. for best player i mean they also say that they want to give preference to homegrown players players but i think every team in the world would want to do that because it would be much cheaper but the fact is. russia don't produce enough good players i mean real madrid they don't have players from just one man just or madrid they import players because this is way over football has grown and has developed of course any supporters have been in trouble before haven't they bad behavior quite a few times there was an incident last season with the fam was chucked a banana. and of course just this season they had to spend it and they were docked three points for a technical loss when a fan flew on the pitch in russian premier league match against an arm of moscow so i mean this is a club which has a lot of problems of its fans but unfortunately it doesn't want to take any measures to try to control the fans behavior and of course you've
best russian in borders come into play in the russian premier league over the last ten years or so and france is a very manifesto was correct. or was to be submitted. for best player i mean they also say that they want to give preference to homegrown players players but i think every team in the world would want to do that because it would be much cheaper but the fact is. russia don't produce enough good players i mean real madrid they don't have players from just one man just or madrid they...
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europe the disruptive gas owns fifty percent of the south stream pipeline and the rest is split between france germany and italy the project also comes with a price tag of more than twenty billion dollars making it one of the most expensive and you supply systems on earth. and coming up r.t. travels to the nevada desert to show you what the famous burning man festival is really like. to me speak your language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of p.r.p. interviews intriguing story to tell you. the choice of the arabic to find out more visit arabic t.v. dot com. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are old today. he is under siege. destruction without to see. what could be just ruins. same by a great sacrifice. and restored by human jets it's. a remarkable reminder of courage and selflessness. truth beauty is if. people. can to hold a brush aside. just be the jolly champ was created in the fifty's and mass produced i think came
europe the disruptive gas owns fifty percent of the south stream pipeline and the rest is split between france germany and italy the project also comes with a price tag of more than twenty billion dollars making it one of the most expensive and you supply systems on earth. and coming up r.t. travels to the nevada desert to show you what the famous burning man festival is really like. to me speak your language. programs and documentaries in arabic it's all here on. reporting from the world talks...
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were is that were originally supposed to be reconciled by the european you get it was between germany france britain the soviet union the united states and many other countries britain the united states and the soviet union never belong to the european community or to the european union and yet there has been peace in europe so whichever way you look at it this is a nonsensical judgment it's a. blatant historical sort of occasion and as your previous comment it's the fed it gives credit to the nobel prize itself so when you consider the protests and riots in the streets hundreds of arrests injuries it's not exactly a serene situation why has the nobel committee done this then. because they are like many institutions in hock to the sacred cows of political correctness they are themselves members of what i call a stingel european political class even though of course norway itself is not part of the e.u. which by the way only makes the award even more ironic and unless the people that people like to talk beyond. the general of the council of europe it was all so that they had a committee these
were is that were originally supposed to be reconciled by the european you get it was between germany france britain the soviet union the united states and many other countries britain the united states and the soviet union never belong to the european community or to the european union and yet there has been peace in europe so whichever way you look at it this is a nonsensical judgment it's a. blatant historical sort of occasion and as your previous comment it's the fed it gives credit to the...
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Dec 11, 2012
12/12
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FBC
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you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in italy is not paying taxes right? david: let me just, the president has weighed in on what he wants to do in order to change the tax code. he did it about a year ago. let's play that sound and get your reaction to it. >> i've said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits, and have some compromise between democrats and republicans. i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. david: that is not what i was referring to. what he said a year ago is this. giv
you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in...
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elections it was a very tight race between president obama and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to them in the political sphere and therefore i believe for a long time coming there's not going to be a chinese century while alexander what about the middle class what it said about the middle class because that's the power of the west traditionally. yes i mean the middle class is very strong in the west pretty is right there are problems we have a declining middle class that is something we have to fight but for the time being we are both the most competitive societies and the most equitable societies if you look at the distribution of income in china in russia in brazil you will see that the first the people at the very top they will get so much m
elections it was a very tight race between president obama and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to them in the political sphere and therefore i...
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best russian borders come into play in the russian premier league over the last ten years or so and france is a bear manifesto was correct. or was to be submitted. best player i mean they also say that they want to give preference to homegrown players russian based players but i think every team in the world would want to do that because it would be much cheaper but the fact is. russia don't produce enough good players i mean even brazil even top nations like argentina where you have to import players it's common knowledge even mention it real madrid they don't have players from just around mantra store madrid. because this is way before all has grown and has developed and of course many supporters have been in trouble before haven't they bad behavior there quite a few times i mean there was. a cup tie against. quite a few years ago when they were fined i think it's about thirty thousand euros for racist behavior towards black players there was an incident last season with the fam was chucked a banana carlos and of course just this season they were they had to spend it and they were docked
best russian borders come into play in the russian premier league over the last ten years or so and france is a bear manifesto was correct. or was to be submitted. best player i mean they also say that they want to give preference to homegrown players russian based players but i think every team in the world would want to do that because it would be much cheaper but the fact is. russia don't produce enough good players i mean even brazil even top nations like argentina where you have to import...
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Dec 21, 2012
12/12
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CNBC
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france needs to reform. that's the view from a lot of french deals, including from the ceo of so thee generale. i caught up with him about societe generale and also the uk situation. is the uk going to leave the european union and what would be the consequences for the finance industry in europe. >> i'm really supportive of the united kingdom remaining in the european union. i think, again, when you look at the brix countries such as china, india, brazil, which would benefit from this new energy boom, if we look at europe, if we think about europe developing, we should resist fragmentation, each country doing in a different direction. there might be some best in the short-term, but in the long-term, it's not positive. so i hope the european union will remain in the european union. >> and we got similar comments from the uk. he believes the uk will not leave the european union and say that would be damaging for both the country and also for europe. so i think, kelly, you got the message. stay with us unless,
france needs to reform. that's the view from a lot of french deals, including from the ceo of so thee generale. i caught up with him about societe generale and also the uk situation. is the uk going to leave the european union and what would be the consequences for the finance industry in europe. >> i'm really supportive of the united kingdom remaining in the european union. i think, again, when you look at the brix countries such as china, india, brazil, which would benefit from this new...
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and if you compare their social services to the countries in the north sea is the legs behind them france which is more or less the middle term between the mad in the scandinavians you know will survive but how they're going to pay it they don't know sarkozy didn't know and obviously they are pathetic francois hollande also doesn't know how to pay these bills so the problem is and when you when you see the bric countries where social services and help for the poor it's legs away behind even the club med countries you know if that's even more complicated like in brazil for instance if you are poor if you don't have private social security you have to go to a state hospital and you spend like six months or eight months in a bloody key you know waiting to get a ticket so you can have an operation and this and we're talking about the six largest economy in the world you know obviously they don't have enough funds to support social security system for almost two hundred million people the country still basically a poor country with pockets of one percent all over just like china just like russ
and if you compare their social services to the countries in the north sea is the legs behind them france which is more or less the middle term between the mad in the scandinavians you know will survive but how they're going to pay it they don't know sarkozy didn't know and obviously they are pathetic francois hollande also doesn't know how to pay these bills so the problem is and when you when you see the bric countries where social services and help for the poor it's legs away behind even the...
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Dec 11, 2012
12/12
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KQED
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. >> he is trying to get charges in france drawn-out bear. there are charges that he was linked to a prostitution ring. he will try to get a judge dismissed those charges. it is an extraordinary case and we do not know what happened that morning in that hotel room in manhattan where she says she was assaulted by dominique strauss-kahn. he says it was a consensual encounter. we do not know what happened. we do know that to completely different lives were completely turned around. >> ok. thank you very much. you are watching "bbc world news america." could not in the dna of cancer patient helped generations of people? and you project of britain is counting on a to do just that -- a new project in britain is counting on it to do just that. share prices in italy have fallen sharply as investors reacted to in the news that mario monti intends to resign. berlusconi hopes to stage a comeback. >> stormy political weather ahead for italy. suddenly, mario monti is on the way out. there will be early elections and berlusconi is reaching for power again.
. >> he is trying to get charges in france drawn-out bear. there are charges that he was linked to a prostitution ring. he will try to get a judge dismissed those charges. it is an extraordinary case and we do not know what happened that morning in that hotel room in manhattan where she says she was assaulted by dominique strauss-kahn. he says it was a consensual encounter. we do not know what happened. we do know that to completely different lives were completely turned around. >>...
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than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of revenue streams, so they're just doing the job. i should say the italian treasury here is doing an excellent job over the years. >> the fed is beginning a two-day meeting today. the announcements come together. 12:30 eastern. the fed is expected to lunch a new bond bike program to replace the operation twist that expires at the end of this month, the goal to keep rates low, possibly soften the blow from any risk of the u.s. going over the fiscal cliff. but bernanke did warn last month that the fed couldn't offset that shock. how small is the risk that they don't deliver what credit markets and investors expect? >> i think it's pretty clear that they will continue with the forward guidance, keeping rates low until 2015, keeping accommodate addition until fundamentals pick up, but also just keeping on buying 37 we expect ab
than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of revenue streams, so they're just doing the job. i should say the italian treasury here is doing an excellent job over the years. >> the fed is beginning a two-day meeting today. the announcements come together. 12:30 eastern. the fed is...
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., japan, france, and britain. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member states has been plunged into crisis. >> first data appeared that italy was facing the prospect -- first, it appeared that italy was facing the prospect of uncertainty as mario monti appeared to be on the prospect of resigning. that pushed the stock market into a downward slide. >> in the last couple of hours, prime minister mario monti has come out and said he is not planning to step down in the near future after all, and that the nervous reaction in the markets should not be dramatized. >> investors are already nervous about what mario monti's early departure could spell for the eurozone. his tough 2013 budget, targeting a deficit of just 1.8% of gdp, is ex
., japan, france, and britain. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member states has been plunged into crisis. >> first...